CHFFA02-25 - Audit Services

The California Health Facilities Financing Authority (CHFFA) has issued Request for Proposals (RFP) No. CHFFA02-25 for comprehensive audit services covering three fiscal years (2024/2025, 2025/2026, and 2026/2027). The procurement is targeting certified public accounting firms to conduct financial audits of the agency's Bond Financing Program Fund, with specific requirements to meet State Controller's Office minimum auditing standards. Required deliverables include evaluating internal controls, preparing financial statements, and completing the Special Districts Financial Transactions Report. Proposing firms must have a California office, be licensed accountants, possess at least three years of business experience, and have completed a minimum of five audits of California state or local governmental agencies within the past four years. The proposal submission deadline is May 16, 2025, at 4:00 p.m. PT, with an anticipated contract start date of July 1, 2025, subject to Department of General Services approval. The evaluation process will assess personnel qualifications, firm experience, and cost, with a maximum of 100 possible points.

The RFP includes several preference and incentive programs designed to support diverse businesses, including a 5% preference for small businesses and a 5% preference for non-small businesses with 25% California certified small business subcontractor participation. Additionally, a Disabled Veteran Business Enterprise (DVBE) incentive is available. The total contract value is not to exceed $105,000, with a maximum of $35,000 allocated per fiscal year. Proposing firms must demonstrate compliance with various set-aside designations and be prepared to potentially integrate with existing agency infrastructure. The procurement covers jurisdictions including Sacramento County and San Francisco City, reflecting the state-level nature of the contract. Interested firms should carefully review the full RFP documentation to ensure complete alignment with the specified requirements and evaluation criteria.